Schnook 

What a mess.

We are in a quite bad situation - regarding the inflation rates that are rising without any signs to lower soon. See this statistics from the EU here:



As we can see (May results) 12 countries above 10% inflation! June even more.

People have to pay more - up to 20%+ when buying goods or taking a service.
On the other side they get NO interest on their accounts. Which makes the mess really a devil.

In my opinion as a business administrator from university a 10%+ inflation on flat or negative interest is always the point recession shows its head. People will see this maybe after holidays - but latest when winter is back!

GFIs1

PS Switzerland had a inflation-rate of 2.7% in May 2022 - not shown in the pic above.

GFIs1 

Thursday trade DAX long 9:00 to 14:30 entry @ 12724 exit @ 12841 (TP - 3) @ 11:20h result 117 points GFIs1 a goal is 12844

Hi GFIs1,

while I find really interesting reading your journal (I closely follow DAX too), and I hope you keep up with this good work, sometime, I have some trouble with your prices.

For example how could you exit at 12841 today, given that neither cash (12836,62) nor futures (12824) had come close to that price?

Thanks @GFIs1 to pick up this topics again. I was already thinking if I want to open a new thread to spot on this themes. Any way:

The following is a very brief comment, as I don't want to go into all the details here:

Switzerland currently has such a small inflation rate because it is not in the EU. Thus, it can make more independent decisions in its favor in many respects, especially in the political and economic spheres, as well as with the actions of the SNB. Absolute prove that politics and inflation goes hand in hand.

These somewhat independent decisions are of course to be evaluated in detail, as mistakes are also made in favor of peer pressure, which comes from Brussels.

This whole chaos, which was caused on the one hand by the completely exaggerated Corona measures, with the still continuing lock downs in China, and still is, in addition then also still strengthened by the wrong, not to end thought sanctions policy of the USA and Brussels, is to be terminated shortly if the people at the switchboards only wanted this.

But there is no interest of sign at the moment in this direction. Guess why?

Symple

Ima60 

Hi GFIs1, while I find really interesting reading your journal (I closely follow DAX too), and I hope you keep up with this good work, sometime, I have some trouble with your prices. For example how could you exit at 12841 today, given that neither cash (12836,62) nor futures (12824) had come close to that price?

Hi @Ima60
Thanks for your input.
Answer is easy - I am trading on a platform with L&S numbers in Germany (Lang & Schwarz). You can see all my charts in this thread are based on this.
To give you the actual chart of today:



GFIs1

Symple 

Thanks @GFIs1 to pick up this topics again. I was already thinking if I want to open a new thread to spot on this themes. Any way: The following is a very brief comment, as I don't want to go into all the details here: Switzerland currently has such a small inflation rate because it is not in the EU. Thus, it can make more independent decisions in its favor in many respects, especially in the political and economic spheres, as well as with the actions of the SNB. Absolute prove that politics and inflation goes hand in hand. These somewhat independent decisions are of course to be evaluated in detail, as mistakes are also made in favor of peer pressure, which comes from Brussels. ... But there is no interest of sign at the moment in this direction. Guess why? Symple

Thanks @Symple
My post was not especially taking out Switzerland.
What I am seeing is the growing splits between inflation and bank interest. This is what is killing every consume when inflation is getting into the dangerous zones.
Making it short - we will see markets in the second half of 2022 in a shaky scenario - around the world.
For this our journals and experiences with dedicated markets are most important.
Therefore I am still writing here.
GFIs1

Hi @Ima60

If you think my intraday trade was not good - then see the prices right now before 16:00 - my previewed goal had been reached even for other trading platforms

Good trades!
GFIs1

GFIs1 

Thanks @Symple My post was not especially taking out Switzerland. What I am seeing is the growing splits between inflation and bank interest. This is what is killing every consume when inflation is getting into the dangerous zones. Making it short - we will see markets in the second half of 2022 in a shaky scenario - around the world. For this our journals and experiences with dedicated markets are most important. Therefore I am still writing here. GFIs1

@GFIs1

Just to visualize purely in the direction what you told about (no politics) with data only for this year:





Symple

Week 27 result

This week had 3 trades
one negative: - 23 points
two positive: + 257 + 117 points
weekly result: + 351 points

yearly result: 4679 + 351 = 5030 points

GFIs1

GFIs1 

Hi @Ima60 If you think my intraday trade was not good - then see the prices right now before 16:00 - my previewed goal had been reached even for other trading platforms Good trades! GFIs1

Hi GFIs1


thanks for the replay.

I'm not here to argue about your trades, maybe you work OTC (I don't know who Lang & Schwarz is) , maybe you work with CFD (but in that case your fills will always be worse than official EUREX quotes, never better), so if yesterday you cashed at 11:20 at 12841 ..... this will be good enough for everybody!!!!

I was just curious (as I said, it not a single case, it happens from time to time), and simply found a bit funny nobody noticed ................. in a long lasting threads with a good following.

BTW, as it will be impossible for me to read the whole thread from the beginning, is there some past post(s) acting as a recap of your methodology?

Thanks.

@Ima60

The main hints are to be found / updated in post #1 in this thread.
Most interesting right now - if you do not want to read all then concentrate on the postings 2022. There you will find a lot of info and illustration before taking the trade, during and after...

Thanks for following and commenting.
GFIs1